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20121202
20121210
Search Results 0 to 20 of about 21 (some duplicates have been removed)
taxes than they do right now. the people you elected to get things done simply are not getting it done, not even close. but maybe we should not be surprised, because in a cnn/orc poll taken a few weeks ago, 67% said washington officials would behave like spoiled children in fiscal cliff discussions. only 28% said they would behave like responsible adults. with that in mind, here's what the key players, the grownups, have said in just the past 24 hours. listen. >> the math, it doesn't work. >> his proposal was so outlandish, i don't think we should go back to the table until he puts something there that we can work with. >> we're not going to twist ourselves into contortions to appease a vocal minority. >> what i'm not going to do is to agree to a plan in which we have some revenue that is vague. >> republicans have proven to be willing to be held accountable. democrats have not. >> we look forward to working with the president when he decides to get serious. >> we're looking for solutions and it doesn't seem at least from the president's proposal that he is at all serious about finding
all know that was a kingmaker over the last two election cycles, a kingmaker on the tea party side. he is probably the person responsible for getting five tea party-backed members into the senate, including the most famous, marco rubio. he was backing marco rubio when established republicans were backing charlie crist. he says he can do more as an ideas now over at heritage, the oldest think tank on the conservative side. keep your eye on the governor of south carolina, she's a republican, it's up to her to pick a replacement to serve for two years who will she pick? that's what everybody wants to know. >> all right. thanks. >>> in egypt, opponents of president mohammed morsi are expected to take to the streets again. they were out in force last night in cairo chanting it was time for their president to resign. their anger was sparked two weeks ago when morsi granted himself sweeping powers. last night, morsi refused to rescind that decree, despite calls from proponents calling for him to do so. >>> the photographer who took a picture of a man standing on the subway tracks as a train a
still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick around. we'll get back to you as well. >>> from wall street now
of a presidential election and we have one on the 19th of this month. market consensus is that the bank of korea will cut key rates again in the first half of next year to perk up the economy. and in reaction to this, the korean yuan weakened against the dollar and many traders stayed on the sidelines while keeping an eye out for the possible intervention. the yuan that's gained about 9% since may is worrying to korean officials here since the economy is very much driven by its exports. ross, back to you. >> joining us for more, strategist at bnp paribas. so, look, growth came in at more than three year low. what happens to the korean yuan now? >> well, it has been quite well supported, but it hasn't been able to put the mark against the u.s. dollar. bok is worried that the yuan is a little too strong against the yen. so i think it's interception that stopped the yuan from appreciating. the macro drivers be it strong fundamentals, relatively high yielding currency, that still i think puts it in fairly good light of appreciation. >> japanese government bpds, ten year futures at a record high. med
elections taking place in japan on the 16th and south korea on the 19th of this month. well within the range of this test that is scheduled to come in the coming days. influencing their neighbors and influencing politics and testing new ground with what would a second-term approach be with obama. bill: this is what we believe to be the ultimate range. 5,000 to 6,000 kilometers. 3,700 miles. china to the west here. in japan well within range of north korea were to be successful in developing this launch mechanism. here is hawaii. that's outside the range of the 6,000 kilometers. the question then begs how realistic is it that north korea would be a threat to the united states? >> through pro live raig they could be a threat to the united states. and if they were to hit our allies in the near range. in the south and also japan. those are the near-term risks. but proliferation could occur at any time. they were able to reach to hawaii ... bill: history shows they are not very good at this. are they getting better? >> only more tests will tell. you are correct history has shown it's been embarra
the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. >> the administration has presented a plan that calls for $1.6 trillion in new tax revenues. $400 billion in cuts to medicare and other entitlements. $50 billion for a new stimulus and congress would have to give up control over raising the debt limit. republicans have indicated that they want to raise revenue by lowering tax deductions, haven't given any specifics yet. brings us right to white house correspondent brianna keilar. good morning, brianna. >> good morning to you, soledad. yes, things are at an impasse here. i will tell you the white house after not being very happy with the pace of negotiations the week before last sent treasury secretary tim geithner up to the hill to outline this proposal. there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put
, the former companisy campaign manager of president obama's re-election campaign. howard kurtz the host of "cnn's reliable sources" lauren ashburn, republican from texas, congressman jeb hensarling with us, randy weingarten, president of the american federation of teachers. all guests this morning. wednesday, december 5th, and "starting point" begins right now. >>> our "starting point" this morning, president obama putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff in 27 days and that means tax hikes and deep spending cuts if the democrats and the republicans can't come together in some kind of a deal and with just ten days remaining until congress is scheduled to go home for the holidays, the clock ticking. here's what he told bloomberg news. listen. >> we're going to have to see the rates on the top 2% go up and we're not going to be able it to get a deal without it. >> we start this morning with white house correspondent dan lothian, he's in washington, d.c. okay. so who's got the ball in their court at this point then, dan? >> well,
during the election. is he dialing back the rhetoric now? >> this was ryan's first speech since the election. both he and rubio seemed to be talking about how the republican party needs to be a party that's more inclusive, helping those in the lower associatio economic levels to rise up and prove their standing. both of them, ryan specifically talked about how he was proud of the campaign and that he mitt romney ran this past year. both men seemed to be critical of romney's controversial comments that 47% of the nation is beholding of the government and feels that the government is responsible to take care of them. take a listen to what both men said. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of that trap. we must speak to the aspirations and the anxieties of every american. >> i've heard it suggested that the problem is that the american people have changed. too many people want things from government. but i'm still convinced that the overwhelming majority of our people, they just want what
-sex marriage to date. exit polls of last month's elections show that a slight majority of voters think that gay marriage should be legal in their states. >>> moving on now. rain, wind and snow are hammering the west coast. three separate storms in just one week have soaked oregon and washington and northern california. by the way, northern california has been hammered the worst and guess what. a fourth storm is on the way. a lot of areas already dealing with really bad flooding and they thought this was the worst of it. >> this thing just went up fast. real fast. fire department was out here. and got a lot of stuff, you know, away from the house so it didn't float down the road and stuff but this is the worst. >> meteorologist chad myers joins us now at the weather center in atlanta. round four. >> yes. >> this seems just cruel. >> and it gets worse. there will be six more rounds in the next 16 days. i can't stress how much rain that's going to -- once you get rain on the ground like we have now, it doesn't just evaporate and run off. it does run off but doesn't just go away. adding to injury.
young people. we're really just focused on the elect officials who seem to be doing a lot of nothing. >> morale is so low for my generation. because they feel like no matter what, nothing is going to get done. and they speak in a language that they don't understand. i do it for a job, so i know about it, but my friends feel like they have no idea what's going on. >> and this cynicism is really strong. because i think they feel, you know, 27 days to go and they just assume nothing is going to happen for the next three weeks. and they look at the countdown clocks on television news networks like this one and say, oh, well, nothing's going to happen until we go over the cliff. i don't have tune in or worry about it. >> i wonder if that dancing 84-year-old senator is a way to break through. >> we're the ones who will be the most affected by it. we're getting the $16 trillion deficit passed down to us. >> do you think young people get that, though? do you think they understand the long-term consequences? >> not like they should. >>> still ahead this morning on "starting point," they're an
a dozen tea party-like conservatives elected. >> let me jump in, dana. i want to run through them because, you know, when we think senator demint we think of a tea party stronghold within the u.s. senate and helped and also hurt a number of republican candidates. who were they? >> reporter: that's right. great. let's start with the senators now. obviously, who he helped elect. this is the positive side of his millions and his work. marco rubio, pat toomey. very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you first thing i saw when the senate republican leader mitch mcconnell released a statement today was making the point that demint had, quote, unco
way to get his attention. so, he just won an election. he is feeling very good about himself. he is posturing brilliantly, putting the republicans in a corner. they need to relax. they don't have an election until november 2014. >> senior congressional correspondent dana bash joins me now. dana, can we expect fire woworkt the meeting this morning? >> reporter: possibly, carol. one thing that has been interesting with regard to john boehner's leadership of the republican conference, which certainly is very conservative and he has had to balance that with negotiations with the white house on a number of occasions, one thing that's interesting is that until now he really has been able to maintain their loyalty. and their confidence that whatever he does, he he's doing for a reason because the alternative would be worse. and one thing that he did in a very deliberate way on this particular counter offer, which they sent to the white house earlier this week, was it wasn't just a letter from boehner to the president. it was a letter from the entire republican leadership, including paul
charter and has a protective measure against government's interference in the ioa's election pros. in spite of the protection, the indian olympic association went ahead with the elections anyway. the main point of contention seems to be that one of the officials who is widely expected to be the secretary general of the indian olympic association is actually the secretary general of the commonwealth games that were held back in 2010, and he is still facing charges of corruption. he is currently out on bail. he has been in custody for the past 11 months. if the international olympic committee's suspension is not lifted it means indian athletes will not be able to participate in future olympics under the indian flag. now, even though this comes as a huge embarrassment, many of i understanda's athletes have actually come out and supported this decision. they have said that this is actually an opportunity for the indian olympic association to finally clean up and perhaps to turn itself into an association that athletes can finally be proud of. >>> bulldozers, cement trucks could be bri
on the ballot, proposition 8, california voted in a close election to overturn same sex marriage. same sex marriage was banned after it was briefly legal. the federal district court had a trial there, and said that law, proposition 8, banning same sex marriage, is unconstitutional. that was affirmed on appeal, that is now appealed to the supreme court and they will now decide whether proposition 8 is constitutional or not. >> when we talk about this as being a historical sort of review, clearly there were different laws passed at the state level. so now it is really up to the federal government to kind of step in and say, okay, this is where we have to come together on our thinking. >> it is up to the united states supreme court. not the federal government. the federal government, the last word they have is the defense of marriage act. and what makes this so significant is that the supreme court has not really engaged with the issue of -- of gay rights since 2003. nine years. that's a long time. the country has changed dramatically in those nine years. there is a new gallup poll out that s
of leverage comes in to play. he came out of the election, he says that he ran on this issue of raising tax rates on wealthy. he believes he is very much the leverage in this negotiation and so you don't see him budging. republicans see the little levers that they have in the debt ceiling fight. these are two separate issues but they're all coming together at the same time. welcome to washington. everything kind of comes together all at the same time unfortunately. the debt ceiling if it is not part of any agreement, regarding the fiscal cliff to avert the fiscal cliff they will need to take up this question of raising the debt ceiling come likely early next year. republicans see that the question of raising the debt creeling is where they have leverage in this negotiation. the president and democrats do not want the debt ceiling to be kind of -- raising the debt ceiling to be part of this negotiation. they do not want this on their plate come early next year. it all comes down to leverage. democrats see that they have the leverage here because look at most recent polls today. if you look a
Search Results 0 to 20 of about 21 (some duplicates have been removed)